Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Pakistan - 2023

Contents:

  1. Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Pakistan (CIF) - 2022
  2. Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Pakistan

Price for Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Pakistan (CIF) - 2022

The average import price for wool; (not carded or combed), greasy (including fleece-washed wool), shorn stood at $1,356 per ton in 2022, rising by 127% against the previous year. Overall, the import price, however, saw a abrupt slump. The import price peaked at $4,755 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($2,859 per ton), while the price for Kuwait ($613 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+83.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Pakistan

In 2022, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn into Pakistan fell to 171 tons, dropping by -3.3% compared with the previous year. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 362%. As a result, imports reached the peak of 176 tons, and then contracted slightly in the following year.

In value terms, imports of wool; (not carded or combed), greasy (including fleece-washed wool), shorn soared to $231K in 2022. Over the period under review, imports saw a abrupt decrease.

Import of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New ZealandN/AN/AN/A1130%
KuwaitN/AN/AN/A60.80%
Afghanistan26310657.357.8-39.7%
IranN/AN/A21.4N/A0%
Saudi Arabia21.9N/A26.8N/A10.6%
OthersN/AN/AN/AN/A0%
Total284106105231-6.7%

Top Suppliers of Wool; (Not Carded or Combed), Greasy (Including Fleece-Washed Wool), Shorn to Pakistan in 2022:

  1. Kuwait (99.1 tons)
  2. New Zealand (39.4 tons)
  3. Afghanistan (32.0 tons)

Source: IndexBox Market Intelligence Platform

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